The Insurers (Reorganisation and Winding Up) Regulations 2004

[^key-b3c55834db9cb9381cc8d758f607dfc8]: Words in reg. 36(2)(a)(ii) added (6.4.2007) by The Insurers (Reorganisation and Winding Up) (Amendment) Regulations 2007 (S.I. 2007/851), regs. 1, 2(16)(a)

[^key-488ea44e6aa67e7fda134f7e2a41c9e9]: Words in reg. 36(2)(c) inserted (6.4.2007) by The Insurers (Reorganisation and Winding Up) (Amendment) Regulations 2007 (S.I. 2007/851), regs. 1, 2(16)(b)

[^key-f98d17c3ca34f6a0174a63cc56f94cb2]: Words in reg. 36(2)(d) inserted (6.4.2007) by The Insurers (Reorganisation and Winding Up) (Amendment) Regulations 2007 (S.I. 2007/851), regs. 1, 2(16)(c)

[^key-3ad6ce165ed1b014a9ae38b3d708cd35]: Words in reg. 48(1)(a)(ii) added (6.4.2007) by The Insurers (Reorganisation and Winding Up) (Amendment) Regulations 2007 (S.I. 2007/851), regs. 1, 2(17)

[^key-e3c64375df377854b05e88f2a793b942]: Reg. 52 revoked (1.2.2011) by The Financial Services and Markets Act 2000 (Administration Orders Relating to Insurers) Order 2010 (S.I. 2010/3023), arts. 1(1), 5(c) (with art. 6)

[^key-da66e5703b095d7519454242001bf535]: Words in reg. 2(1) omitted (12.5.2011) by virtue of The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(a)

[^key-c2dd784547718d03813551fae59fe3ea]: Words in reg. 2(1) inserted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(b)

[^key-9c6bd0d6e1aec2d42bed95d39d755c14]: Words in reg. 2(1) omitted (12.5.2011) by virtue of The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(c)

[^key-9ee51ae8ad780e0fe5f1aea1c99975b8]: Words in reg. 2(1) omitted (12.5.2011) by virtue of The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(d)

[^key-60b9868f399c0b43966aa21a97186f9e]: Words in reg. 2(1) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(e)

[^key-766b9733cb5a9192e49b6c794cfd7f4f]: Words in reg. 2(1) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(f)

[^key-27a4d5fcdcc83e8c30117cd40235b85b]: Words in reg. 2(1) omitted (12.5.2011) by virtue of The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(2)(g)

[^key-d25ca69e8cad6cdf69a5c5df2de92aea]: Reg. 18(6) inserted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(4)(b)

[^key-43ca5a4fe2fde7a4f59db008c68e0a4f]: Words in reg. 18(2) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(4)(a)

[^key-3743c0102465fe4a35db5baf29feb66c]: Words in reg. 19 heading substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(5)

[^key-111a6e530772e29b09e888eb0f26f34a]: Words in reg. 19(1) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(6)(a)

[^key-154e5e52e3ec2963dd04b52229d118ac]: Reg. 19(2)(d) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(6)(b)

[^key-bec1f9edf0fccc2ca9a638e6954dc92d]: Words in reg. 35 heading substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(7)

[^key-d56be9289000b78b67805aa1a239187e]: Words in reg. 35(1) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(8)(a)

[^key-67af259adfb7baecd12e4234abbc46e2]: Reg. 35(2)(d) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 23(8)(b)

[^key-879cf518d849201bd28fa359298e825c]: Words in reg. 2(5) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(b)

[^key-ab57cc25c8d27ce6e41440890e4ea3d4]: Words in reg. 2(1) omitted (1.4.2013) by virtue of The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(a)(i)

[^key-7a0b3c36f354fbc48a65e14d64f37cd6]: Words in reg. 2(1) inserted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(a)(ii)

[^key-5b405b070be33c65c0b5e5777a344d12]: Words in reg. 9 substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(c)

[^key-95a61f93e6dedeb070d10a178d48a1b7]: Reg. 9(6)(6A) substituted for reg. 9(6) (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(d)

[^key-35871f0088272faf8308ad994e8dd5e1]: Words in reg. 12(11) substituted (1.4.2013) by The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013 (S.I. 2013/472), Sch. 2 para. 88(f)

[^key-0bc6d93169925781de5a4a3957f05012]: Regulations modified by The Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014 (S.I. 2014/229), Sch. 5 para. 1A (as inserted (1.8.2014) by S.I. 2014/1822, arts. 1(2), 8(a))

[^key-d1e0b45d3d2900a15471b7c8e7ca521c]: Words in reg. 2(1) inserted (1.8.2014) by The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Consequential Amendments) Regulations 2014 (S.I. 2014/1815), reg. 1(2), Sch. para. 12(2)(a)

[^key-d240307aace047a35287e4519dd19514]: Words in reg. 2(3) substituted (1.8.2014) by The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Consequential Amendments) Regulations 2014 (S.I. 2014/1815), reg. 1(2), Sch. para. 12(2)(b)(i)

[^key-79051e2236c7c35ce4154ca4b53fb834]: Words in reg. 2(3) substituted (1.8.2014) by The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Consequential Amendments) Regulations 2014 (S.I. 2014/1815), reg. 1(2), Sch. para. 12(2)(b)(ii)

[^key-d855f40662b0b93b53ae4ddc241ce9c1]: Words in reg. 17(1) substituted (1.8.2014) by The Co-operative and Community Benefit Societies and Credit Unions Act 2010 (Consequential Amendments) Regulations 2014 (S.I. 2014/1815), reg. 1(2), Sch. para. 12(3)

[^key-b6db7cf95055eabe8784aa2067b1bfa7]: Words in reg. 2(1) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 17(2)(a)(i)

[^key-2d9323fd76fd696026ce08bf67caa736]: Words in reg. 2(1) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 17(2)(a)(ii)

[^key-dd3fcc3defa2ce635aceca0a8d928ad0]: Words in reg. 2(1) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 17(2)(a)(iii)

[^key-960a7fda2c49fa27b514b5dddcfd982a]: Words in reg. 2(1) omitted (1.1.2016) by virtue of The Solvency 2 Regulations 2015 (S.I. 2015/575), reg. 1(2), Sch. 2 para. 17(2)(a)(iv)

[^key-a5c1d63be3758db332dec66444e621dc]: Reg. 28A inserted (13.3.2018) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018 (S.I. 2018/208), regs. 1(3), 9(2) (with reg. 20)

[^key-dc05031c71e2a1bd6496864921a6c7a7]: Words in reg. 29(1) inserted (13.3.2018) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018 (S.I. 2018/208), regs. 1(3), 9(3)(a) (with reg. 20)

[^key-ee01404b92abdd84bee73cfa618869b7]: Words in reg. 29(2) inserted (13.3.2018) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2018 (S.I. 2018/208), regs. 1(3), 9(3)(b) (with reg. 20)

[^key-2b7f5251f8cdbb21a10224bb1881dda3]: Words in reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(a)

[^key-ebaf0d775a29dab31656a6b7c8f33276]: Words in reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(b)(i)

[^key-5ec8fdeee4c02b0cf641a6088407c8a8]: Words in reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(b)(ii)

[^key-4946eff413bf55f97dea97f06db9a648]: Reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(b)(iii)

[^key-1ded891d2ced4b08c91a6cfb43930b09]: Reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(b)(iv)

[^key-978388316e3c09db58b04ad6001ee6c0]: Words in reg. 2(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(c)

[^key-d9d7e3e04049655bebe6d53bec22b833]: Words in reg. 2(1) omitted (23.4.2019) by virtue of The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(2)(d)

[^key-c7045d2d61f221a0fc85ce333d08cd27]: Words in reg. 12(10) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(4)(b)

[^key-cf6f90cd3f3f825c1076c5f2c9419e4b]: Words in reg. 12(9) omitted (23.4.2019) by virtue of The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(4)(a)(i)

[^key-52e5b1ecf23ff9bf91ebbb6c8382e2ca]: Words in reg. 12(9) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(4)(a)(ii)

[^key-d2aa27bd93a7be203da8cd0a30df4a23]: Words in reg. 19(2)(c)(i) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(6)

[^key-27171279187ed0ac3cd4de974b0fcb5a]: Word in reg. 29(2) inserted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(7)

[^key-be85b907a315eb3c0db7b2e8a41eb7c1]: Words in reg. 30(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(8)(a)

[^key-b4140c5d1777958f3bba34b12c8bd540]: Words in reg. 30(1) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(8)(b)

[^key-5fa9af97f0c6c765b28d994d6f400337]: Words in reg. 35(2)(c) substituted (23.4.2019) by The Financial Services and Markets (Insolvency) (Amendment of Miscellaneous Enactments) Regulations 2019 (S.I. 2019/755), regs. 1, 4(9)

[^key-b5f6d8ff0d8bc90acffacd7a3e1b47f7]: Words in reg. 28A(1)(a) inserted (23.7.2019) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019 (S.I. 2019/1058), regs. 1, 6(2)(a) (with reg. 11(1))

[^key-ca9b95207a03fb441c7cab03901bc8ac]: Words in reg. 28A(1)(b) inserted (23.7.2019) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019 (S.I. 2019/1058), regs. 1, 6(2)(b) (with reg. 11(1))

[^key-0eb6bd1b6d61db2bee634babfd5a3e5f]: Words in reg. 28A(1)(c) inserted (23.7.2019) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019 (S.I. 2019/1058), regs. 1, 6(2)(c) (with reg. 11(1))

[^key-a52edfc5b617f6a8d145b851792da992]: Words in reg. 29(1) omitted (23.7.2019) by virtue of The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019 (S.I. 2019/1058), regs. 1, 6(3) (with reg. 11(1))

[^key-5ceb27a3c2a7428835b4425605a52149]: Words in reg. 33(2)(a) substituted (23.7.2019) by The Small Business, Enterprise and Employment Act 2015 (Consequential Amendments, Savings and Transitional Provisions) Regulations 2019 (S.I. 2019/1058), regs. 1, 6(4) (with reg. 11(2))

[^key-9b6f2e4812d633d9c880dfdd5089a07d]: Reg. 12 applied (with modifications) (10.8.2005) by The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005 (S.I. 2005/1998), regs. 1, 36(1)-(7) (with reg. 32) (as amended by S.I. 2018/208, regs. 1(3), 10(9) (with reg. 21); S.I. 2019/755, regs. 1, 6(3))

[^M_C_aea3e1a9-0d03-4a16-9ef1-f0c9731bfbac]: Pt. IV applied (with modifications) (10.8.2005) by The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005 (S.I. 2005/1998), regs. 1, 40(1)-(11) (with reg. 32) (as amended by S.I. 2018/208, regs. 1(3), 10(10) (with reg. 21); S.I. 2019/755, regs. 1, 6(6))

[^key-66af22fecf190c1e32a3c227d93bef90]: Regulations applied (with modifications) (31.12.2020) by The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(2), 2, Sch. 1 (as amended by S.I. 2020/1301, regs. 1, 3, Sch. para. 40(g)(ii) and S.I. 2020/1385, regs. 1(4), 60(3)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-cfe268c7e963c6fe57c2a9f728730ae3]: Pt. 2 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(3) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^M_C_c3780665-bbbf-43f2-8513-2addb42b3069]: Pt. 5 applied (with modifications) (10.8.2005) by The Insurers (Reorganisation and Winding Up) (Lloyd's) Regulations 2005 (S.I. 2005/1998), regs. 1, 45, 46 (with reg. 32) (as amended (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 4(6)(7); 2020 c. 1, Sch. 5 para. 1(1))

[^key-49f73626d030a6f78cff0034bb62a4f6]: Words in Pt. 5 heading omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(10) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-01271c29e48ea75ed3495c075d6abdc8]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(i) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-d392546cd3bfd13d426641b4308bf014]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(ii) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-9ae4de62ca58f41846f21af97f158684]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(iii) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-cfd237511d73e7cb2d28e7674d8a4e40]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(iv) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-41740785efe831bff623b9086de164a8]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(v) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-a3030448294f5086e09c6b5716368da3]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(vi) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-45d7a69e03759f298dd829c7ec3c0a1a]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(vii) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-d42384e4cdf6b61508c3fdc3d02e047a]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(viii) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-c572008e654eaa4aa937e0f6573a74e5]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(ix) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-fd90c84a26f69b3ef2aeadd3c6b8b2a2]: Words in reg. 2(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(a)(x) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-730603cd79c35605674f6faab382f2e7]: Reg. 2(2) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(2)(b) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-aa6e2f3f40e0b3bd1f01b1e1afb71fd0]: Reg. 10 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(4); 2020 c. 1, Sch. 5 para. 1(1)

[^key-4778cb167d28676b15f70ae75587ce6f]: Reg. 11 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(5); 2020 c. 1, Sch. 5 para. 1(1)

[^key-974606c3c48c1f521506742c74dd1132]: Words in reg. 12(7) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(6)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-b0b699db0f097ca2e412bcec3296fcff]: Reg. 12(8) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(6)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-abe39acf75347aa4453ec1f06ad0b9b9]: Reg. 13 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(7); 2020 c. 1, Sch. 5 para. 1(1)

[^key-e0ad9842be91debdde256f59eeda3afb]: Reg. 16 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(8); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0ac20746484c67efaba1addc8031b781]: Words in reg. 17 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(9)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-dabad5c669c5600eb4bc4acfeff64b73]: Words in reg. 17 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(9)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-ff1d2dea0a8a4e8d934310bbbc416cae]: Words in reg. 17 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(9)(c); 2020 c. 1, Sch. 5 para. 1(1)

[^key-de6e5496459e0927d3a19b5295a494b6]: Reg. 36(1)(c) and word omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(11) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-32469a4ecd35a9d56861382d47c1f4f1]: Reg. 37 substituted (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(12) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-2168615705d9c4b7e420e86aa04607dd]: Reg. 38 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(13)(a) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0646792d175d61bfb04fc397fdc46075]: Reg. 39 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(13)(b) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-0667d614d55998f2e1603985514ddcff]: Reg. 40 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(13)(c) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-eb966cea32c8bfe6e7f02ce0fc52c567]: Reg. 41 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(13)(d) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-a1c64fdf9a2329c67d1c91862d0f061b]: Reg. 42 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(13)(e) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-6e7d8de2e81e07152144b82665cd8d7a]: Words in reg. 43(1) substituted (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(14)(a) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-f58397afb2ba14082754cd38a0621a67]: Reg. 43(2) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(14)(b) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-27d7c1b69902c60b234a0215fd2ee188]: Words in reg. 44(1) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(15)(a)(i) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-2a5ea2e80f0bae73f7eb8465b9060225]: Words in reg. 44(1) substituted (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(15)(a)(ii) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-662ce6746c3b5eb9aeb8079bc9dbf9f7]: Reg. 44(3) substituted (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(15)(b) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-327f830cbc9bfc0e5e173bbe0fca8512]: Reg. 45 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(16)(a) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-36beba10a28fa6f897784a6335bf0aae]: Reg. 46 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(16)(b) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-c77343cd6b6fd506019c43dfed95308e]: Reg. 47 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(16)(c) (with Pt. 3 Ch. 2) (as amended by S.I. 2020/1301, reg. 3, Sch. para. 13(g)(h)); 2020 c. 1, Sch. 5 para. 1(1)

[^key-ddc93e243c18af6ca341a1069baccb2c]: Words in reg. 48(1)(b)(i) inserted (31.12.2020) by The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(17)(a); 2020 c. 1, Sch. 5 para. 1(1)

[^key-17630d2552604e4c7fac24412617fd97]: Words in reg. 48(1)(b)(ii) omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(17)(b); 2020 c. 1, Sch. 5 para. 1(1)

[^key-c312491ab40d2cce78e3f55d59a08f18]: Reg. 50 omitted (31.12.2020) by virtue of The Credit Institutions and Insurance Undertakings Reorganisation and Winding Up (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/38), regs. 1(3), 2(18); 2020 c. 1, Sch. 5 para. 1(1)

Application of this Part: certain assets excluded from insolvent estate of UK insurer

Application of this Part: certain assets excluded from insolvent estate of UK insurer

Composite insurers: seeking decisions from creditors

28A

• (1) This regulation applies in the same circumstances as regulation 28, but only if the non-transferring composite insurer is—

• (a) a company registered in England and Wales or Scotland;

• (b) a registered society within the meaning given by section 1(1) of the Co-operative and Community Benefit Societies Act 2014 which the courts in England and Wales or Scotland have jurisdiction to wind up; or

• (c) a friendly society within the meaning of section 7(1)(a) of the Friendly Societies Act 1974, which is registered within the meaning of that Act and is being wound up by the High Court or the Court of Session under the Insolvency Act 1986.

• (2) The creditors from whom the liquidator is to seek a decision about any matter in relation to the winding up are to be—

• (a) in relation to the long term business assets of that insurer, only those who are creditors in respect of long term business liabilities, and

• (b) in relation to the general business assets of that insurer, only those who are creditors in respect of general business liabilities.

Composite insurers: general meetings of creditors

Composite insurers: apportionment of costs payable out of the assets

Summary remedy against liquidators

Priority of subrogated claims by the Financial Services Compensation Scheme

Voluntary arrangements: treatment of insurance debts

Applicable law in the winding up of a UK insurer